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Nairaland Forum / Nairaland / General / Politics / Nigeria Loses $10m To Foreign Registered Private Jets (4638 Views)
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Nigeria Loses $10m To Foreign Registered Private Jets by s3nn2x(m): 1:06am On Sep 20, 2013 |
The federal government said, yesterday, that Nigerian owners of foreign registered private jets were taking out of the country annually over $10 million through payment of foreign cockpit crew, charges and taxes overseas.http://www.vanguardngr.com/2013/09/nigeria-loses-10m-to-foreign-registered-private-jets/ |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Ikengawo: 1:26am On Sep 20, 2013 |
that's fine seeing that private jets have become a way of sneaking money out of the country and contraband in. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Nobody: 2:54am On Sep 20, 2013 |
At the END, only TIME will determine if they will become crash THINGS or not since most were bought with illegally accumulated public wealth! 2 Likes |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by manny4life(m): 3:19am On Sep 20, 2013 |
This is ridiculous, I think registration and operation aren't differentiated. There's a limitation to how long a "visiting" aircraft are allowed to stay and once expired, they pay FEES. Granted they avert registration and taxes, in return, let their landing charges be 10x the industry amount. If you gonna evade taxes, then go to that country and do business. If you gonna land in Abuja, landing fee is $3,000 and for their ATC charges, make it x20. As for operation, Nigeria needs STRICT OPERATIONAL GUIDELINE (including labor laws), governing the industry. That you're registered in another country doesn't mean you can operate "FOR REVENUE" in that country, Nigeria is a sovereign nation with it's own laws, let the change it or ENFORCE IT. He estimated that 80 per cent of 87 foreign registered aircraft operating in the country was 69, adding that at the average cost of charter of $7,000 per hour, the jets made $1.449 million daily without paying taxes and PSCs.LAGOS — The federal government said, yesterday, that Nigerian owners of foreign registered private jets were taking out of the country annually over $10 million through payment of foreign cockpit crew, charges and taxes overseas. How can an aircraft be "VISITING" yet operating "revenue non-scheduled" flights? Doesn't make sense if you ask me, the Aviation industry needs reevaluation because these are lapses. Every operating flight within Nigeria should pay taxes to the Nigerian Government, whether registered in overseas or abroad. If foreign flights like BA pay taxes to the government, yet they don't operate domestic flights, how much private jets operating domestic flights? With a forecast Aviation boom over the next few years, it's time National Assembly overhauled the industry, and applied stringent non-exploit laws An aircraft visiting more than 90-days should be termed "violating immigrant aircraft" subject to penalty. That's how immigrants are treated abroad. Stay past 90-days, and when caught, you face the music. As for flight and crews, it's common that they don't pay taxes to their visiting nation, let the govt come up with a way of penalizing visiting aircraft - 50% of your crew should be local. If you think that local hands are not good enough, go back where you came from. That's how they do it, even foreign airlines flying into the U.S. have to obey U.S. laws, they mix up some of their crew with Americans and their ground crew are Americans. 4 Likes |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by ddeola: 9:53am On Sep 20, 2013 |
Na today ! |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Okijajuju1(m): 9:54am On Sep 20, 2013 |
So you mean all these Private Jets that Nigerians are buying does not have Nigerian Plate Number?! And yet they are harassing poor Nigerians wey dey manage Motor with genuine Plate Number.. 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by uken73(m): 10:01am On Sep 20, 2013 |
What's all this noise about. Why not just take decisive action.
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Re: Nigeria Loses $10m To Foreign Registered Private Jets by mosho2good: 10:01am On Sep 20, 2013 |
How dat one take concern me..... |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Tolexander: 10:02am On Sep 20, 2013 |
Okija_juju: So you mean all these Private Jets that Nigerians are buying does not have Nigerian Plate Number?!you mean make the VIO and nigerian police go dey stay for air dey check and harass those nigerian private jets wey no gat nigerian plate number. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by bobosydney: 10:03am On Sep 20, 2013 |
There is illegal arms in this country and i'm sure Boko Haram will be using private jets to import weapons into country. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Heryorh: 10:05am On Sep 20, 2013 |
Tolexander: you mean make the VIO and nigerian police go dey stay for air dey check and harass those nigerian private jets wey no gat nigerian plate number.i was about asking d same question |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by 2goodbobo(m): 10:09am On Sep 20, 2013 |
Nigerians are the ones killing Nigeria. We don't promote our own. We rather take it abroad and thereby crippling our Economy. Whether visiting or foreign, they should be made to pay tax since they are flying on our airspace. 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by ndcide(m): 10:16am On Sep 20, 2013 |
Amaechi No register him jet for naija. 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Nobody: 10:22am On Sep 20, 2013 |
This is good business. But how many government officials have private jets? They will all deny it. Na inside rat dey bring outside rat come. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Fazhy: 10:24am On Sep 20, 2013 |
Nigeria is loosing on many things. 1 Like
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Re: Nigeria Loses $10m To Foreign Registered Private Jets by Nikapetrelli(f): 10:34am On Sep 20, 2013 |
U pple r always loosing,Na una won make d losses...Make we hear |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by tspun(m): 10:47am On Sep 20, 2013 |
60 percent of the private jet owners are the politicians, since the law won't affect the poor they don't want to implement any law concerning that. 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Ajekpako(m): 11:08am On Sep 20, 2013 |
manny4life: This is ridiculous, I think registration and operation aren't differentiated. There's a limitation for how long a "visiting" aircraft is allowed to stay and once the limitation expire, they pay FEES. . its a tricky one as all they have to do to evade the the time limit of a visiting aircraft is fly it to Ghana and back which is what they've been doing all along. Don't blame them, doing business in Nigeria isn't exactly a walk in the park. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by babadem2much(m): 11:25am On Sep 20, 2013 |
Yuzedo so ur private jet no get plate lamba? as i dey pass i see as ur pilot de load crayfish inside. abeg no be amebo oh 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by FOLYKAZE(m): 11:37am On Sep 20, 2013 |
2goodbobo: Nigerians are the ones killing Nigeria. We don't promote our own. We rather take it abroad and thereby crippling our Economy. Whether visiting or foreign, they should be made to pay tax since they are flying on our airspace. Blame it on religion....the mother of Nigerian politics and corruption |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by tabuski(m): 11:39am On Sep 20, 2013 |
I never know all these, when i get mine, i will know. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by manny4life(m): 11:41am On Sep 20, 2013 |
Ajekpako: Whether you fly to Ghana or not, if your total allotted time limit is 90days OR 100 landings, fly anywhere you want to fly to, after 90 days has accumulated, you start paying fees. It's very simple. This is how immigrants are treated abroad. Visitors cannot stay more than 3months = 90 days in one year cycle regardless of how many times you visited (depends on the class though). Same rule should apply. |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by rill: 12:10pm On Sep 20, 2013 |
The way they come up with these figures tho |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Originalsly: 12:17pm On Sep 20, 2013 |
Nonsense. If the FG knows all this....avoiding taxes, involvement in illegal activities, losing millions/billions in capital fligjts...is it their duty to complain and plead?... or seize the aircrafts and arrest the law breakers? ....or is it the owners of these jets are above the law? 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Horus(m): 1:19pm On Sep 20, 2013 |
www.nairaland.com/attachments/449183_425265_BISHOP_DOING_GODS_WORK_JPG7c28f2dc77cb46308999c3b400db134a_jpg91bc239f13eb57ca48783e1fe42e024d Bishop David Oyedepo own four private jets |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by FlyinNaija: 1:27pm On Sep 20, 2013 |
The Nigerian aircraft registry is not attractive. It is the duty of the Nigerian government to make the registry competitive. It's a global economy, you can't force anyone to operate under any registry. There are numerous benefits to registering aircraft in Bermuda, Cayman Islands and Isle of Man etc. The authorities in these countries have gone out of their way to make aircraft ownership and operation stress free. The aviation ministry and the NCAA have no clear policies. The system is too bureaucratic for the highly dynamic world of business aviation. Bottom line : the problem lies more with the government and it's policies than with the aircraft owners and operators 1 Like |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by FlyinNaija: 1:40pm On Sep 20, 2013 |
Horus: www.nairaland.com/attachments/449183_425265_BISHOP_DOING_GODS_WORK_JPG7c28f2dc77cb46308999c3b400db134a_jpg91bc239f13eb57ca48783e1fe42e024d Erm I think the Bishop owns only one aircraft, maximum 2 |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Horus(m): 1:46pm On Sep 20, 2013 |
FlyinNaija: The Nigerian aircraft registry is not attractive. It is the duty of the Nigerian government to make the registry competitive. It's a global economy, you can't force anyone to operate under any registry. There are numerous benefits to registering aircraft in Bermuda, Cayman Islands and Isle of Man etc. The authorities in these countries have gone out of their way to make aircraft ownership and operation stress free. The aviation ministry and the NCAA have no clear policies. The system is too bureaucratic for the highly dynamic world of business aviation. If I understand what you are saying, there is a loophole in the Nigerian taxe system and jet owners are taking advantage of it? |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by Horus(m): 1:48pm On Sep 20, 2013 |
FlyinNaija: Not acording to the following article: http://saharareporters.com/news-page/dominion-air-parking-and-maintenance-fees-force-bishop-oyedepo-commercialize-private-jets |
Re: Nigeria Loses $10m To Foreign Registered Private Jets by tim107: 3:30pm On Sep 20, 2013 |
There's money to be made in nigeria! White People are getting rich! |
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